A very crystal clear 'suggestion' indeed. Back your markers or its game over.
Jesse's Café Américain:By Kevin Hamlin Aug. 22 (Bloomberg) Yu Yongding, a former adviser to China's central bank. "..If the U.S. government allows Fannie and Freddie to fail and international investors are not compensated adequately, the consequences will be catastrophic,'' Yu said in e-mailed answers to questions yesterday. ``If it is not the end of the world, it is the end of the current international financial system...China's $376 billion of long-term U.S. agency debt is mostly in Fannie and Freddie assets, according to James McCormack, head of Asian sovereign ratings at Fitch Ratings Ltd. in Hong Kong. The Chinese government probably holds the bulk of that amount, according to McCormack."
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